The Texas Legislature is currently considering a bill that would deregulate short-term loans, commonly known as payday loans. If passed, this legislation would give loan sharks free rein to prey on vulnerable Texans, trapping them in a cycle of debt and financial ruin. Payday loans are small-dollar, high-interest loans typically due on the borrower’s next …
State-owned banks play a crucial role in the economy of a country, especially in developing economies where access to credit is limited. However, these banks often face challenges such as inefficiency, corruption, and political interference. In recent times, several governments have initiated reviews of their state-owned banks, with the aim of improving their performance and …
Why the Government’s Review of State-owned Banks Makes Sense Read More »
On March 31st, 2023, news broke that the Metropolitan Museum of Art in New York City had been forced to relinquish a prized artifact from its collection, the headless statue of a “Roman Emperor.” The statue, which had been on display at the museum for decades, was seized by federal agents on the grounds that …
The Headless Statue of a ‘Roman Emperor’ Is Seized from the Met Read More »
The education loan has been a popular way for students to finance their education for decades. With the rising cost of education, students and their families have come to rely on education loans as a way to fund their education. However, recent data shows that educational loan disbursement has been falling since FY20. According to …
Educational Loan Disbursement Falling Since FY20 Read More »
In recent news, Air India, the flag carrier airline of India, has reportedly secured a $1.7 billion loan from two Indian banks. This news comes at a time when the aviation industry is struggling to stay afloat due to the COVID-19 pandemic. Let’s take a closer look at what this means for Air India and …
Air India Reportedly Secures $1.7 Billion Loan From Two Indian Banks Read More »
In the first few months of his presidency, Joe Biden has made significant moves on a number of key issues. Two of the most interesting developments have been his decisions to halt drilling in Alaska and to use TikTok to engage young voters. On January 27th, 2021, President Biden signed an executive order to place …
Biden’s Moves on Alaska Drilling, TikTok Test Young Voters Read More »
Higher education has always been viewed as a key to unlocking one’s potential and achieving success in life. However, with the cost of tuition and fees skyrocketing in recent years, a college degree has become increasingly unaffordable for many. This is particularly true for those attending Ivy League universities, where the cost of education can …
How Ivy League Education Is Burning a Hole in People’s Pockets Read More »
Southern California (SoCal) is one of the most exciting and dynamic regions in the United States, with a diverse range of activities to choose from. If you’re looking for some fun things to do in SoCal this week, then you’ve come to the right place! Here are some exciting events and activities that you can …
Fun Things to do in SoCal this Week: March 31-April 6 Read More »
Flywheel Advanced Technology (FAT) is a technology company that specializes in the development of innovative energy storage solutions for a wide range of industries. Recently, the company filed a Form 8-K with the US Securities and Exchange Commission (SEC) in which it disclosed its consolidated financial statements for the period ended December 31, 2022. The …
Flywheel Advanced Technology : CONSOLIDATED FINANCIAL STATEMENTS – Form 8-K Read More »
The recent news of Silicon Valley Bank’s (SVB) demise has raised questions about the role of “wokeism” in the decline of the once-prominent financial institution. Some critics blame the bank’s commitment to diversity and inclusion for its downfall, while others point to a lack of leadership and strategic missteps. The truth, however, lies somewhere in …
Is ‘Wokeism’ to Blame for Silicon Valley Bank’s Demise? No and Yes Read More »